christsocom

Is BTC repeating 2019 bear market bounce?

Short
christsocom Updated   
INDEX:BTCUSD   Bitcoin
BTC peaked at 30% below ATH in July 2019, which was before the halving in May 2020. Now, BTC failed to break the 30% from ATH in the first week of December 2023, which is before the halving in April 2024. That means potentially BTC could revisit $30k in the coming weeks.
Comment:
BTC bottomed out 2 months before the halving in 2019. So, in 2024, the bottom could be February or March based on this theory.

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